Forex
The foreign exchange market is a global decentralized or over-the-counter market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.
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German Bigger Trade Surplus Sees EUR/USD Gain 0.2%
EUR/USD gained nearly 0.2% following trade data from Germany, which unexpectedly increased its trade surplus despite overall slowing in both…
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Trade of The Day – USD/CHF
Facts:USDCHF rebounded from the key resistance at 0.7860The pair sits below 100-period moving average Recommendation: Trade: Short position on USDCHF at…
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Pound Sterling edges lower as Iran war concerns revive USD demand
GBP/USD attracts some sellers as geopolitical uncertainties underpin the safe-haven USD. Inflation concerns dim prospects for more rate cuts by…
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Indian Rupee remains under pressure as USD/INR nears record highs
USD/INR rebounds toward the all-time high of 92.81. Indian Rupee gained support as Middle East tensions eased after Trump said…
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Dollar Holds Decline on Trump Remarks
The dollar index remained below 99 on Tuesday after a sharp intraday drop in the previous session, as hopes for…
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Offshore Yuan Attempts Rebound
The offshore yuan held around 6.89 per USD on Tuesday, struggling to rebound from a one-month low touched last week,…
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GBP/USD Price Forecast: Expects more downfall below 1.3250
The Pound Sterling underperforms against the US Dollar amid the risk-off market mood. The war in the Middle East has…
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USD/INR refreshes all-time highs as Indian Rupee sinks amid oil shock
The Indian Rupee sinks to a fresh all-time low at around 92.80 against the US Dollar amid escalating Iran conflict.…
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EUR/GBP steadies near 0.8650 as German Industrial Production falls in January
EUR/GBP remains supported following the release of Germany’s Factory Orders and Industrial Production data. Germany’s Industrial Production fell 0.5% MoM…
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USD/CHF rises above 0.7800 on safe-haven demand, rising energy prices
USD/CHF appreciates as the US Dollar gains from its twin status as a safe-haven and energy exporter. The DXY rises…
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